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WEEKLYPROPERTYBROADCAST
December4,2017
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©2017SVNInternationalCorp.
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ECONOMICTALKINGPOINTSNationalMultifamilyHousingCounciladvocatingfordevelopmentprogramsintaxreform
• TheNMHCisnowactivelylobbyingCongressandtheWhiteHousetoincludeprogramstopromotemoreaffordablehousingdevelopmentinanyupcomingtaxreformbills.Theystatethiswillhelpfillthe4.6millionneededhousingunitsby2030tokeepsupplyanddemandinbalance.• GiventhatthiscouldbenefitlowerincomeAmericans,itmaygetbipartisansupport.Developers/investorsshouldwatchcloselyasitcouldopenupnewopportunitiesfordeals.
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ECONOMIC TALKINGPOINTS
PricesriseassalesvolumemoderatesaccordingtoCoStar
• TheCoStarequallyweighted(favorssmallerproperties)compositeindexrose0.2%inAugustand16.5%yearoveryear.Thevalueweighted(favorslargeproperties)compositeindexfell-0.4%forthemonthandisup3.5%yearoveryear.• CoStarbelievespricesarelikelytocontinuetoriseasnetabsorptionhasbeenrobustlypositiveinmanymarketsacrossassettypes.Still,smallerpropertiesarelikelytooutperformlargerones.
©2017SVNInternationalCorp.
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CLOSEDDEALS
SalePrice $
Size
Price/Unit $
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
52,632
19Units
• SeniorDesignated- 100%ProjectBasedSection8• Acquiredbyanexperiencednon-profitaffordablehousingowner/operator• Overcameamyriadofhurdleswithstateandlocalentities
SVN|ChicagoCommercial
| Live®®
1,000,000
MULTIFAMILY | 126-128 SOUTHMAINSTREET | GALENA, I L
REIDBENNETT,[email protected]
SalePrice $
Size
Price/Unit $
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
• 91%HAPContract• Soldtoanexperiencedaffordableowner/operator• NavigatedthroughnumerousnewandoldHUDguidelines• 22ndaffordabletransactioninIowa- 5ththisyear
SVN|ChicagoCommercial
| Live®®
5,000,000
MULTIFAMILY | 3290 H ILLCREST ROAD| DUBUQUE, IA
46,296
108Units
REIDBENNETT,[email protected]
SalePrice $
Size
Price/SF $
Cap
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
209
7,100SF
• 7100SFRetailBuilding• Buyerwalkedawayfromthedealandthencameback6weekslater• Highincomedemographiclocation
SVN|ChicagoCommercial
| Live®®
1,485,000
RETAIL | 906-908 GREENBAY ROAD| WINNETKA, I L
7.9%
SalePrice $
Size
Price/SF $
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
11,923
RETAIL | 2055 CENTRAL PLAZA | NEWBRAUNFELS , TX
• LocatedjustoffF.M.306FrontagenearIH-35inNewBraunfels,TXanddirectlyacrossfromResoluteHospital
• Firstgenerationspacein52acre,mixed-usedevelopment• Parkarealocatedinfrontofretailforeventsandprojectcirculation
SVN|NorrisCommercialGroup
| Live®®
2,485,770
208.50
SalePrice $
Size
Price/SF $
Cap
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
61.63
41,720SF
• 100%occupiedwithstrongtenants• BestindustriallocationinOklahomaMetro• SoldtosyndicationputtogetherbySteveFithianwithSVNTrinityAdvisors
SVN|DavidCookCo,LLC
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2,571,200
INDUSTRIAL | 1101-1121 CORNELL PKWY| OKLAHOMAC ITY, OK
9.2%
SalePrice $
Size
Price/SF $
Cap
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
37,500
MULTIFAMILY | 900 S ORANGEGROVEAVE | LOS ANGELES , CA
FORDTIMBERLAKEBRE#[email protected]
• ExcellentMiracleMileLocation• FirstTimeonMarketinOver30Years• ClosedatNearly$400,000PerUnit• AllOneBedroomUnits&NoParking
SVN|RichInvestmentRealEstatePartners
| Live®®
416.67
3,050,000
6,000SF
ROBZAHARIABRE#[email protected]
SalePrice $
Size
Price/SF $
Cap
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
180
237,894SF
• ClassAtrophypropertylocatedoncanalinLasColinas• PurchaserisaventureofHongKongInvestor&HawaiiPrivateTrust• FirstlienprovidedbyAllstateInsuranceat3.25%• 90%occupancyatacquisition
SVN|DataVest,Inc.
| Live®®
43,000,000
OFFICE | 400 EAST LAS COL INAS BLVD| IRV ING, TX
6.2%
SalePrice $
Size
Price/SF $
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
46,226SF
INDUSTRIAL | 4150 NW120 AVENUE| CORAL SPRINGS, FL
SVN|Commercial
| Live®®
6,150,000
133
• Closedin110daysfromlistingexecution• SoldtoCityofCoralSpringsandwillbeusedtoaccommodatetheirgrowing
fireacademy
SalePrice $
No.ofUnits
Price/Unit $
Cap
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
• Threemulti-familyapartmentsandtownhomecommunities:"HesselOnThePark","ChampaignHouseApartments"and"WestburyParkTownhomes"
• Propertywentundercontractinlessthan30days• SuccessfullyclosedthedealwithHUDinlessthan7months
SVN|RamshawRealEstate
| Live®®
21,250,000
MULTIFAMILY | 1507 WK IRBY AVENUE | CHAMPAIGN, I L
.
7.2%
51,329
414
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FEATUREDINVENTORY
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©2017SVNInternationalCorp.
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FEATUREDINVENTORY:$65,427,000+
BUY-SIDECOMMISSION:$1,297,325+
FEATUREDINVENTORYFINANCIALSUMMARY
ListPrice $
BuySideFee
Size
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
40,000SF
3%
• 4storymulti-tenantofficebuilding• On-Sitetenantparking• Largefreepublicparkinglotnextdoor• Easyinterstateaccess• LessthanahalfmiletoMetraStation
SVN|ChicagoCommercial
| Live®®
SUBJECTTOOFFER
OFFICE | 12757 S WESTERNAVENUE | BLUE ISLAND, I L
ListPrice $
BuySideFee
Size
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
25,000SF
1.75%
TIMFRANZBRE#[email protected]
• StrongLeasetoHerc Rentalswithrentalincreases• Herc HoldingsInc.isapubliclytradedcompanyNYSE:HRI• DS-3zoning– noheightrestrictionswithnumerousallowedusesforfuture
redevelopment• CloseproximitytoMcCormickPlaceandWintrust Arena• OpportunitytoownnearlyawholecityblockinthebustlingSouthLoopof
Chicago
SVN|ChicagoCommercial
| Live®®
SUBJECTTOOFFER
INDUTRIAL | 2424 S WABASHAVENUE | CHICAGO, I L
JOHNLIVADITISBRE#[email protected]
.
ListPrice $
BuySideFee $
No.ofUnits
Price/Unit $
Cap
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
34
35,000
MULTIFAMILY | 418-420 N CAL IFORNIASTREET | STOCKTON, CA
JUSTINWONGBRE#[email protected]
• 89WalkScore• Largeupsidepotential• Gatedparkinglotwithon-sitecamerasecurity• CloseproximitytoDowntownStocktonretail
SVN|PacificCommercialAdvisors
| Live®®
41,176
1,400,000
8.2%
WENTUNGBRE#[email protected]
ListPrice $
BuySideFee $
No.ofUnits
Price/Unit $
Cap
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
44,100
MULTIFAMILY | 317-323 S MONTEZUMA | PRESCOTT, AZ
• LocatedoneblocksouthofHistoricDowntownPrescott,inahighlydesirablerentalareanearschools
• Sellerhas5additionalapartmentunitsavailableforsale• Highoccupancyratehistory• Motivatedseller
SVN|RealStar Advisors
| Live®®
133,636
1,470,000
6.25%
11
ListPrice $
BuySideFee $
Size
Price/SF $
Cap
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
65,625
OFFICE | 1000 AINSWORTHDRIVE | PRESCOTT, AZ
• LocatedinYavapaiRegionalMedicalCenterArea/DowntownPrescott
• Wellmaintainedbylong-termlandlord
• Only3suiteslefttolease
• Sellerisopentoalloffers
SVN|RealStar Advisors
| Live®®
148.09
2,625,000
6.72%
17,726SF
ListPrice $
BuySideFee $
Size
Price/SF $
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
247,500
OFFICE | 10000 E UNIVERSITY DRIVE | PRESCOTTVALLEY, AZ
• Threestoryclass"A"officebuildingconstructedin2007situatedonnearly50acres
• Ownerwillingtofinance/JVwithbuyeronfuturedevelopmentoftheproperty
• StateoftheartdatacenterwithCAT6wiringthroughoutbuilding• Redundantpowerandfiresuppressionsystems
SVN|RealStar Advisors
| Live®®
181.50
9,900,000
54,552SF
ListPrice $
BuySideFee $
Size
Price/SF $
Cap
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
49,500
MEDICAL OFFICE | 50 OLDV ILLAGEDRIVE | COLUMBUS, OH
• Stabilizedmedicaloffice• Nationalandlocalcredittenants• LocatedinColumbus'CasinoDistrict• Bclassbuilding,tertiarymarket,butAclassrentroll
| Live®®
82.50
1,650,000
20,000SF
SVN|WilsonCommercial
7.76%
ListPrice $
BuySideFee $
Size
Price/SF $
Cap
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
60,000
MEDICAL OFFICE | 3100 N STANTONSTREET | EL PASO, TX
• Medicalofficebuildingsituatedonacornerlotinahighdemandarea• LocatedintheheartofElPaso'sMedicalandUniversitycorridorwitha3minutedriveto
ProvidenceandLasPalmasHospitalsand5minutedrivetoSierraHospital• Twoexistingclients:onewillsigna5yeartermleaseatclosingandtheotherhas5yearsleftonan
existinglease• Easyforpatientstogetinandoutof(wheelchairfriendlyandwellcaredforpavedparkinglot)• Overparkingbenefit• WelllandscapedgroundswithmatureandrobustPalmtrees
SVN|FortuneRealEstate
| Live®®
238
2,400,000
10,098SF
6.25%
ListPrice $
BuySideFee $
Size
Price/SF $
Cap
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
65,000
SINGLE TENANT| 405 PUNKINCOURT| SAL ISBURY, MD
• New20yearleasetostartatsettlement• 7.5%increaseevery5years• Verystrongoperatorwith9storesasof2018• Newlyrenovated- $447,000inrecentupgrades
| Live®®
462.50
2,600,000
5,622SF
SVN|MillerCommercial
6.2%
ListPrice $
BuySideFee $
Size
Price/SF $
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
87,000
SELF STORAGE | 5885 HAUGHNROAD | GROVEC ITY, OH
• 22,800SFexistingselfstoragefacilityon5+acreswithanewleasingoffice• ApprovedpermitsincludedintheSalefor77,000totalSFofselfstorage• ThepropertyispavedandfencedwithSteelconstruction• Thepropertyhas298rentablespaceswith160storageunitsand138parking
spaces• GroveCityisthe2ndlargestsuburbinColumbus,Ohioandthefastestgrowing
suburb
SVN|WilsonCommercialGroup
| Live®®
127.20
2,900,000
22,800SF
SVN|CommercialRealty
ListPrice $
BuySideFee $
Size
Price/Acre $
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
1-3%
LAND| 12855 BROADSTREET ROAD| RICHMOND, VA
• Locatedonly3.6± milesfromShortPumptowncenter• Approximately400'± offrontageonBroadStreetRd.• VDOTannualaveragedailytrafficcount:15,000• Zoning:B-1• Publicwaterandpublicsewernearby• Significant,recentdevelopmentinsurroundingarea(ShortPump)• 2017taxassessment:$2,307,100• Openingofferonly$1,000,000!
SVN|Motleys
| Live®®
568,182
3,000,000
5.28Acres
ListPrice $
BuySideFee $
No.ofUnits
Price/Unit $
Cap
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
98,350
SFRPORTFOLIO | 1218 OAKHAVENDRIVE | SAL ISBURY, NC
• FirstUScitytohave10gigabitpersecondinternetconnectionstoresidents• Allhomesare4BD/2.5BAhomeswith2cargarages• StrongNOIof$342,407withsolidrentandequitygrowthpotential• 40minutedrivetodowntownCharlotteandmuchclosertomajoremployers• Rentalratesareprojectedat$1595-$1685permonth• Pre-leasingbeginsoncehomesunder-constructionforimmediatecashflow• Limitedtozerocapexforfirstfiveyearswithbuilderandbulkwarranties
SVN|RealStar Advisors
| Live®®
234,166
5,620,000
6.09%
24
ListPrice $
BuySideFee $
Size
Price/Acre $
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
194,850
LAND | 52 LONESOMER IDGEDRIVE | SAPPHIRE, NC
• Idealopportunityforadeveloper• Canbesoldasone90acresiteordividedintothree30acresiteswhichcan
befurtherdividedintotwoparcelsforatotalofsixsites.• ZoningisOU(OpenUse)• Locatedwithinan~800acreplanneddevelopmentthatincludestennis,club
house,swimmingpools,hikingtrails,equestrianarea,andafitnessfacility
SVN|BlackStream
| Live®®
71,562
6,495,000
90.76Acres
ListPrice $
BuySideFee $
Size
Price/SF $
Cap
*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE
PROPERTYHIGHLIGHTSPROPERTYDETAILS
©2017SVNInternationalCorp.
COMMERCIAL REAL ESTATE ADVISORS
320,400
HOSPITAL ITY | UL TEL IMENY1 | JOZEFOW/WARSAW, POLAND
• 4star,fullyrenovated,fullservicehotel,conferenceandrecreationcenter• Outstandinglocationonly23km(14.3miles)fromdowntownWarsaw• 148guestrooms,13conferencerooms,restaurant,bar,spa,recreational
areas• Includesa6holegolfcourseandadrivingrange,tenniscourts,picnicarea
pavilionwithapond,playareaforchildren,andaccesstonaturalwoodedpreserveswithariver.
| Live®®
339
25,367,765
74,852SF
SVN|Polska
[email protected]+48570615997
7.08%
©2017SVNInternationalCorp.
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SVNPRODUCTCOUNCILCALLSFORTHEWEEKOFDECEMBER4– DECEMBER8,2017
EVENTS&WEBINARS
MONDAYDECEMBER4
HOSPITALITY11:00am PT|2:00pmET
TUESDAYDECEMBER5
LEASING8:30am PT|11:30amET
THURSDAYDECEMBER 7
SELFSTORAGE8:30am PT|11:30amET
2 0 1 8 S V N A N N U A L C O N F E R E N C E | M A R C H 7 - 9 , 2 0 1 8 | N E W M E X I C O
We were so INSPIRED by the breathtaking views of the Sandia mountains and the OUTSTANDING service provided by the resort staff that we’ve arranged to have the ENTIRE PLACE all to ourselves.
That’s right! The ONLY GUESTS who will be staying at the Hyatt Regency Tamaya Resort and Spa from March 7-9, 2018 are the attendees of our 2018 Annual Conference.
So register today and book your room! This will be an event like no other and one that is sure to INSPIRE.
EARLY BIRD REGISTRATIONPRICING ENDS
DEC. 31ST
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